JASPART-ANDRE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JASPART-ANDRE
Largest movements
- Cash +€35,530
up €35,530 (+25.9%), from €137,288 to €172,818
mainly Net result for the year (+€58,452) and Depreciation (+€44,458)
- Tangible fixed assets -€24,458
down €24,458 (-28.3%), from €86,524 to €62,066
of which Plant, machinery and equipment: -€13,208
- Intangible fixed assets -€20,000
down €20,000 (-12.3%), from €162,795 to €142,795
- Reserves +€60,000
up €60,000 (+38.7%), from €155,000 to €215,000
- Debts after one year -€39,400
down €39,400 (-46.4%), from €84,917 to €45,518
- Other debts -€24,870
down €24,870 (-58.1%), from €42,828 to €17,958
- Tax, wage and social debts +€21,279
up €21,279 (+68.7%), from €30,960 to €52,239
of which Remuneration and social security: +€19,648
- Trade debts -€20,967
down €20,967 (-63.3%), from €33,135 to €12,169
- Staff costs +€25,737
up €25,737 (+24.8%), from €103,712 to €129,450
- Gross operating margin -€16,474
down €16,474 (-6.0%), from €274,990 to €258,516
- Taxes -€11,645
down €11,645 (-44.1%), from €26,425 to €14,781
- Depreciation +€9,449
up €9,449 (+27.0%), from €35,009 to €44,458
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,786 | €393,830 | -€4,956 | -1.2% |
| Fixed assets | 21/28 | €249,318 | €204,860 | -€44,458 | -17.8% |
| Intangible fixed assets | 21 | €162,795 | €142,795 | -€20,000 | -12.3% |
| Tangible fixed assets | 22/27 | €86,524 | €62,066 | -€24,458 | -28.3% |
| Plant, machinery and equipment | 23 | €45,346 | €32,138 | -€13,208 | -29.1% |
| Furniture and vehicles | 24 | €41,178 | €29,928 | -€11,250 | -27.3% |
| Current assets | 29/58 | €149,468 | €188,970 | +€39,502 | +26.4% |
| Amounts receivable within one year | 40/41 | €9,806 | €12,304 | +€2,498 | +25.5% |
| Trade receivables | 40 | €9,446 | €6,140 | -€3,306 | -35.0% |
| Other amounts receivable | 41 | €361 | €6,165 | +€5,804 | +1609.4% |
| Cash at bank and in hand | 54/58 | €137,288 | €172,818 | +€35,530 | +25.9% |
| Deferred charges and accrued income | 490/1 | €2,373 | €3,847 | +€1,474 | +62.1% |
| Total equity and liabilities | 10/49 | €398,786 | €393,830 | -€4,956 | -1.2% |
| Equity | 10/15 | €164,237 | €222,689 | +€58,452 | +35.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €155,000 | €215,000 | +€60,000 | +38.7% |
| Distributable reserves | 133 | €155,000 | €215,000 | +€60,000 | +38.7% |
| Profit (loss) carried forward | 14 | €4,237 | €2,689 | -€1,548 | -36.5% |
| Amounts payable | 17/49 | €234,549 | €171,141 | -€63,408 | -27.0% |
| Amounts payable after more than one year | 17 | €84,917 | €45,518 | -€39,400 | -46.4% |
| Financial debts | 170/4 | €84,917 | €45,518 | -€39,400 | -46.4% |
| Amounts payable within one year | 42/48 | €148,581 | €124,623 | -€23,958 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €41,656 | €42,257 | +€600 | +1.4% |
| Trade debts | 44 | €33,135 | €12,169 | -€20,967 | -63.3% |
| Suppliers | 440/4 | €33,135 | €12,169 | -€20,967 | -63.3% |
| Taxes, remuneration and social security | 45 | €30,960 | €52,239 | +€21,279 | +68.7% |
| Taxes | 450/3 | €17,097 | €18,728 | +€1,631 | +9.5% |
| Remuneration and social security | 454/9 | €13,863 | €33,511 | +€19,648 | +141.7% |
| Other amounts payable | 47/48 | €42,828 | €17,958 | -€24,870 | -58.1% |
| Accrued charges and deferred income | 492/3 | €1,051 | €1,001 | -€50 | -4.8% |
| Remuneration, social security and pensions | 62 | €103,712 | €129,450 | +€25,737 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,009 | €44,458 | +€9,449 | +27.0% |
| Other operating charges | 640/8 | €5,950 | €6,353 | +€403 | +6.8% |
| Gross operating margin | 9900 | €274,990 | €258,516 | -€16,474 | -6.0% |
| Operating profit (loss) | 9901 | €130,319 | €78,255 | -€52,064 | -40.0% |
| Financial income | 75/76B | €85 | €106 | +€20 | +23.6% |
| Recurring financial income | 75 | €85 | €106 | +€20 | +23.6% |
| Financial charges | 65/66B | €4,267 | €5,128 | +€861 | +20.2% |
| Recurring financial charges | 65 | €4,267 | €5,128 | +€861 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €126,137 | €73,232 | -€52,905 | -41.9% |
| Income taxes | 67/77 | €26,425 | €14,781 | -€11,645 | -44.1% |
| Profit (loss) for the period | 9904 | €99,712 | €58,452 | -€41,260 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €99,712 | €58,452 | -€41,260 | -41.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.